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Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...
Food prices rose 2.7% on an annual basis last month, the same as the overall inflation rate. Items that have seen big cost ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
With inflation easing and the labor market cooling, the risks of keeping policy too tight are mounting. The CME Group now ...
Massive downward revisions in July's jobs report last week fueled concerns that the labor market is softening too quickly, ...
Inflation is slowly rising, but not surging out of control. That should provide some flexibility for Fed officials to cut ...
While the overall reading on consumer prices was steady, a measure excluding food and energy categories rose to 3.1%.
The rally in small-cap stocks fizzled, with investors buying shares of large tech and financial companies.
Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...
The Consumer Price Index, which measures inflation, rose 2.7% on an annual basis in July, slightly cooler than forecasted.
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